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US Dollar Shows Signs of Recovery Amid Weakening Economy and Rate Cut Expectations /
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2024-06-28 00:58:39

US Dollar Shows Signs of Recovery Amid Weakening Economy and Rate Cut Expectations on Nostr: US Dollar Weakens as Soft Economic Data Fuels Expectations of Fed Rate Cuts ...

US Dollar Weakens as Soft Economic Data Fuels Expectations of Fed Rate Cuts
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#332a5058 ver:0.4

#USD weakens as soft economic data fuels expectations of #Fed rate cuts. US retail sales fall short of forecast, leading to decline in Treasury yields. Market sentiment shifts, with traders pricing in 67% probability of rate cuts by September. Short-term outlook for USD appears bearish. #forex #economy...

#newstr #UsDollar #Yen #RetailSales #FederalReserve #TreasuryYields #Sterling #UkInflation #BankOfJapan #JoblessClaims #CapitalGoods #Gdp

https://here.news/story/332a5058?ver=0.4
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